£382,136
This estimated value is based upon the latest sale price for the house of £171,500 on 11 Nov 2003. This value is then adjusted by the current Official House Price Index for ESSEX 1
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| Price Paid | Date |
|---|---|
| £171,500 | 11 Nov 2003 |
| £130,000 | 14 Mar 2003 |
| Detached |
| Freehold |
This model uses changes in the Official Land Registry House Price Index for ESSEX to estimate the market value.
When this house was purchased in November 2003 the House Price Index for ESSEX was 67.2.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 122.820%.Applying this 122.820% change to the original purchase price of £171,500 results in an estimated price of approximately £382,136.
| 11 Nov 2003 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 67.2 | 149.7 | 122.820 % | £171,500 | £210,636 | £382,136 |
The Postcode Pricing Model uses changes in average sales price within the CO15 postcode to calculate an estimated price.
The average sales price when the house was purchased is compared with the current average sales price.
This change is then applied to the initial purchase price to derive the current estimated price.
Three different estimates are shown, with averages drawn from 1 month, 3 month and 6 month timeframes.
The longer timeframes give less volatile estimates, but are not so timely.
More information on this model and the calculations
| Change % | Change £ | Estimated Price | |
| 1 Month Average | 56.338 % | £96,619 | £268,119 |
| 3 Month Average | 73.533 % | £126,108 | £297,608 |
| 6 Month Average | 82.438 % | £141,381 | £312,881 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 21 Jun 2024 | £320,000 | £320,000 | 14 MERRILEES CRESCENT |
| 14 Sep 2023 | £322,100 | £315,000 | 53 NORMAN ROAD |
| 30 Aug 2023 | £369,158 | £362,500 | 11 FLEETWOOD AVENUE |
| 29 Aug 2023 | £315,694 | £310,000 | 8 FLEETWOOD CLOSE |
| 9 Feb 2023 | £181,210 | £180,000 | 38 MERRILEES CRESCENT |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jun 2024 | Public order | Unable to prosecute suspect | On or near Fleetwood Close |
| Jul 2024 | Violence and sexual offences | Under investigation | On or near Merrilees Crescent |
| Jun 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Merrilees Crescent |
| Jun 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Merrilees Crescent |
| Jun 2024 | Other crime | Investigation complete; no suspect identified | On or near Merrilees Crescent |